AKCOME vs Ulica Solar - solar panel manufacturer comparison

AKCOME (officially Zhejiang Akcome New Energy Technology Co., Ltd.) is a Chinese solar manufacturer headquartered in Zhejiang province that, at its peak, reported annual module production capacity of around 3.8 GW and held a position on BloombergNEF's Tier 1 list through early 2024. However, the company's financial position deteriorated sharply amid China's solar oversupply crisis: a key subsidiary entered court-supervised bankruptcy reorganization in July 2024, and AKCOME's stock was delisted from the Shenzhen Stock Exchange in August 2024 after shares fell below 1 yuan for 20 consecutive trading days. Ulica Solar (Ningbo Ulica Solar Science and Technology Co., Ltd.), also a Chinese manufacturer, was founded in 2005 and is headquartered in Ningbo, Zhejiang, with joint backing from Japanese trading house ITOCHU and Shanshan Group. Ulica has appeared continuously on the BloombergNEF Tier 1 list since Q1 2020 and has reported module capacity growing into the multi-gigawatt range. On institutional footprint and current operational stability, Ulica Solar holds a clear and significant advantage.

Ulica Solar's commercial lineup centers on monocrystalline PERC half-cut modules spanning a wide wattage range, from compact residential formats to large-format utility panels. Its N-type monocrystalline cell technology has been recognized under China's National Torch Program, and the company holds 17 patents. Standard warranty terms include 12 years of product guarantee and 25 years of power output performance guarantee. AKCOME previously offered both PERC and HJT cell technologies and addressed residential and commercial segments, but its ongoing restructuring introduces genuine uncertainty around warranty continuity and future product supply.

For a typical buyer in 2025, Ulica Solar is the more defensible default. Its uninterrupted Tier 1 bankability status, backing from established corporate shareholders, and continued operations make it a lower-risk choice for any project where warranty fulfillment matters. AKCOME panels may still surface on the secondary market at attractive price points, but the company's unresolved bankruptcy proceedings represent a material risk that most installers and project lenders would be unwilling to absorb without significant additional due diligence.

Generated by Claude Sonnet · 2026-06-25